Power rates may go down if the Malampaya fund is used to pay for the massive debts of the National Power Corporation. But as this report tells us, a key difference remains between the House and Senate bills proposing the measure. – Business Nightly, ANC, February 14, 2019 https://news.abs-cbn.com/video/business/02/15/19/lawmakers-seek-to-tap-malampaya-fund-to-pay-for-napocor-debts
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Amidst the power rate hike announced by Meralco last week , the consumer group , Laban Konsyumer Inc. suggested that “more capacity or supply should bring down power rates for consumers. If we do not address this problem now, distribution utilities will be forced to buy higher priced alternative fuel for power. If there is […]
Sword of Damocles
A RECOMMENDATION of the Department of Energy (DOE) to revoke the franchises of some electric cooperatives has caused an uproar among industry stakeholders, particularly the 17 ECs cited by the agency. The DOE’s move, however, was viewed as a wake-up call to ailing cooperatives that continue to deliver poor services. “It’s more of a wake-up […]
MANILA — Consumer group Laban Konsyumer, Inc. (LKI) is asking the Energy Regulatory Commission (ERC) to be more transparent in its decision-making regarding power rate adjustments while at the same time ensuring that such price changes are in compliance with government guidelines. LKI President Victorio Mario Dimagiba said the group has proposed to the ERC that […]
Gusto munang pag-aralan ng Energy Regulatory Commission (ERC) ang panukala ng Manila Electric Company (Meralco) na palitan ng smart meters ang mga kasalukuyang metro na ginagamit ng mga kostumer ng electric power distribution company. Mayroon daw kasing kaakibat na dagdag-singil sa kuryente ang pagpalit ng mga metro sa smart meters, ayon kay ERC Spokesperson Rexie […]
Consumer group Laban Konsyumer, Inc. (LKI) is asking the Energy Regulatory Commission (ERC) to be more transparent in its decision-making regarding power rate adjustments while at the same time ensuring that such price changes are in compliance with government guidelines. LKI President Victorio Mario Dimagiba said the group has proposed to the ERC that it […]
Inflation eases to 4.4% in January
The rate of increase in consumer prices continued its downward trend in January as the implementation of higher taxes on petroleum goods was outweighed by the softening prices of food in the local market along with cheaper global cost of oil that dragged down transportation expenses. Based on the latest consumer price monitoring by the […]
THE Tariff Commission will ask the Department of Trade and Industry (DTI) to explain the imposition of tariffs on imported cement and explain to those opposing the measure the need to implement duties. The move was an apparent reaction to the request of Laban Konsyumer, Inc. (LKI) and cement manufacturers, who questioned the DTI for […]
The Tariff Commission (TC) is set to probe the potential impact on the market of the safeguard duties on cement. An ocular inspection has been scheduled by the TC for February 18 to April 15 in line with concerns over safeguard duties endorsed by the Department of Trade and Industry (DTI) to the commission. The […]
Consumer group Laban Konsyumer Inc. (LKI) has asked the Tariff Commission (TC) to order the suspension of the implementation of the provisional safeguard measure on imported cement by February 9 when the additional tariff shall have taken effect. LKI president Vic Dimagiba said he has asked the body to stop implementing the order of the […]